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Phil leads the firm's business support and insolvency team, and is widely regarded as one of the leading insolvency lawyers in the South East. He has over 26 years’ experience in dealing with the full range of insolvency assignments, both corporate and personal, and acts for Insolvency Practitioners, lenders, directors, shareholders, creditors, debtors and any other stakeholders requiring advice and assistance.

Phil has particular expertise in handling company administrations, the sale and purchase of distressed businesses, and Law of Property Act Receiverships. He has dealt with a wide range of businesses, based in the UK and overseas, from motor dealerships, tech companies, care homes, retail, leisure & hospitality, engineering and construction firms, to mining concessions and antiquarian book dealers.

The team is consistently ranked as a "Band 1" practice by Chambers UK, in which Phil is described as "a partner of vast experience who brings a calm pair of hands to matters." Under his guidance, the team was recognised as Insolvency Law Firm of The Year at the Insolvency & Rescue Awards in 2014, and was commended for insolvency & restructuring work in The Times 200 Best Law Firms in 2021.

 

Expertise

  • Administrations
  • Voluntary and compulsory liquidations
  • Receiverships
  • Voluntary arrangements
  • Sale & purchase of insolvent businesses
  • Insolvency litigation
  • Bankruptcies
  • Asset tracing & recovery

He is the first port of call for complicated and contentious matters; he's highly commercial and excellent at assessing cases from the perspective of the various parties.

Chambers

Phil Smith is an incredibly experienced head of insolvency; again equally adept at being commercial or highly technical.

Legal 500

Phil Smith is a very experienced and commercial lawyer.

Legal 500

A genuine specialist department within a multi-disciplinary regional powerhouse. Quick to react and always with pinpoint accurate advice. Experts in their field led by Phil Smith and Oliver Fitzpatrick.

Legal 500

For me they are the unparalleled best insolvency specialist; often punching above their weight and outwitting far larger organisations.

Legal 500

Ranked "Best in Class" for restructuring and insolvency since 2007

Chambers Guide to the Legal Profession

Strong team with good strength in depth.

Legal 500

Top-notch and really easy-going lawyer who always gives an opinion and doesn't sit on the fence.

Chambers Guide to the Legal Profession